1.1 The terms and conditions are applicable for all service users, including the users who contribute with video materials, information or other material and services on the website. This website may contain links to other websites, which are not under the ownership or the control of the ADMINISTRATOR. The ADMINISTRATOR does not have control and does not take any responsibility for the content, politics or practices of any website. By using the PIPSTYCOON service, you explicitly absolve the ADMINISTRATOR of any responsibility which might result after your use of another website. Therefore, we recommend that you read the terms and conditions for each website that you might visit when leaving our website.

1.2 The ADMINISTRATOR reserves the right to change the Terms and Conditions each time he considers necessary. All users will be notified regarding the changes.

2. The PIPSTYCOON service

2.1 PIPSTYCOON is provided only to the users who have opened a customer account using the interface provided by the service. Its use becomes available from the moment when the ADMINISTRATOR has opened an account for the user.

2.2 The game’s features can be modified at any time by the ADMINISTRATOR and any time the ADMINISTRATOR thinks it’s necessary, without prior notice and without providing a specific reason.

2.3 Since the service is permanently modified and the game rules change, the user has the right to use PIPSTYCOON only in the current version.

2.4 The user does not have the right to ask the ADMINISTRATOR for changes of the PIPSTYCOON service or technical support.

2.5 The ADMINISTRATOR reserves the right to temporary or final suspend the PIPSTYCOON service without prior notice and without providing a specific reason. In this case, the user CANNOT claim damages.

2.6 The ADMINISTRATOR does not take any responsibility for the general losses of bad functioning or interruption of the PIPSTYCOON service.

3. The user’s obligations

3.1.1 A user CANNOT hold more accounts within the service. Only one account per household is allowed. All accounts found to violate this rule will be PERMANENTLY CLOSED. All assets / virtual metals / virtual dollars owned by accounts that violate this rule will be deleted. The identification of multiple accounts of the user is made by the ADMINISTRATOR through his own methods.
As an exception, a household can have two accounts (e.g. wife and husband, two brothers) only with the express approval of administration obtained via support ticket, in which case in a day only one account can work and one account can take a bonus, but they need to play independently in game economy.

3.1.2 The user must ensure that the password chosen to log on the personal account is known only by him/her. The reveal of other person's password is forbidden. The user is the only one responsible for damages made in the case of loss of password.

3.1.3 In PIPSTYCOON service, the ADMINISTRATOR places a communication way between users. The user is the only one responsible for the content he uses within the communication.

3.1.4 The user is authorized to use the PIPSTYCOON service only by way of a web-browser program. Any use of a script or another IT program to access the PIPSTYCOON service is strictly forbidden. The violation of this condition will automatically result in closing the use’s account.

3.1.5 The use of errors, bugs or exploits found inside the PIPSTYCOON service for personal advantages of the user is STRICTLY forbidden and lead to permanent ban. Actions will follow to remove and recover all assets obtained unfairly. Fraudulent players are detected by the ADMINISTRATOR through his own methods. The user MUST notify the ADMINISTRATOR regarding any breakdown or error within the service. ADMINISTRATOR may choose to reward at his sole discretion player(s) for major previously not known bugs found and reported.

3.1.6 The use of PIPSTYCOON service for commercial use is forbidden, it is allowed only for personal use.

3.1.7 The user does not have the right to copy or distribute any part of the PIPSTYCOON service without the written consent of the ADMINISTRATOR.

3.1.8 To access certain elements of the PIPSTYCOON service, the user must create an account. The user cannot use the account of another person. Subsequently users cannot transfer/sell accounts to another user. To create an account, the user must offer complete and factual information. The user is the sole responsible for the activity which takes place within the account and for the security of the password. You must immediately notify the ADMINISTRATOR in case the security of your account has been compromised or the account is accessed by a person who is unauthorized. Even if the ADMINISTRATOR is not responsible for the damages caused by the authorized use of the account, the user could be responsible for the damages caused to the service or to other users by the unauthorized use.

3.1.9 The user does not have the right to use any automatic system which accesses the website in a way that it sends more request messages to the PIPSTYCOON service in a period of time.

3.2 By talking to the ADMINISTRATOR, by written messages or forum, the user has the obligation of using a decent language, not meant to undermine the ADMINISTRATOR’S authority or to use strong language with the team which administrates the PIPSTYCOON service.

3.2.1The user admits that he does not consider the pornographic content as being offending, and in the community where he lives, the explicit sexual images or pornography are legal.

3.2.2 The user declares under his own responsibility that he has legally turned the age of 18.

3.3 The user has the obligation to login into his / her account at least once every 20 days or the account will become INACTIVE. All inactive accounts are deleted in 90 days. All virtual goods/companies/virtual currencies owned by inactive accounts are also deleted and virtual money returns to Game budget to reward active players.

4. The rights of the intellectual property

The content of the PIPSTYCOON service is offered to the user only with an informational purpose and for personal use, and cannot be used, copied, reproduced, distributed, exposed, sold, licensed with other purpose and without the prior written consent of the holder of the ownership rights. The ADMINISTRATOR reserves all rights for this website and for its content. The user agrees not to copy or distribute materials which are posted to the third party for commercial interest. If the user downloads and prints a copy of the content for personal use, he must have all the copyrights or the approval of the owners of the content. The user also agrees not to affect or interfere in any way with the security elements of the website, with the elements which prevent or restrict the use, the copy of content or elements which attest the using limits of the website or its content.

5. Content posted by the user

5.1 The PIPSTYCOON service allows the user to post video clips, photos or other materials. It also allows web hosting, sharing and / or publishing the posted materials. It is understood that no matter if the posted materials are published or not the ADMINISTRATOR does not guarantee the confidentiality of the materials.

5.2 The user is the only one responsible for the materials that he posts and the consequence of posting or their publication. When the user posts materials, statements, he sustains and guarantees that:

5.2.1 He owns or has obtained the license, the rights, the consent or the approval to include, use and distribute materials on the website and on any media channel; at the same time, he authorizes the administrator to use all the patents, trademarks, copyrights or any other ownership rights, all these being incorporated or in relation to the posted materials, with the purpose of including, using under any form, processing and distributing materials on the website and on any media channels, according to the provisions of this Terms and conditions of use.

5.2.2 He has the written consent and / or the approval of each person identifiable in the materials posted on the website to appear on the website and on any media channels, in the conditions and limits provisioned in these terms and conditions of use, i.e. he has all the copyrights for the material that he posts.

5.2.3 By posting the material on the website, the user grants the ADMINISTRATOR a license (that is assigning the patrimonial copyrights, according to the applicable law) un-exclusively, with free title, irrevocable, unlimited in time and territory by which to send to the administrator all the copyrights for the posted material, including the use, processing, the transformation, the distribution, the rent, the lease, the public communication, the broadcasting by cable, promoting or redistributing certain parts of the material under any media format and by way of any media channel, as well as making the derivate materials.

5.3 The user agrees not to post materials which are protected by the copyrights, or other ownership rights of a third party, including the right to privacy and advertising, unless he is the owner of these materials or has the owner’s consent or of the full copyright law to post that material and to grant the license to the administrator.

5.4 The user agrees not to post elements which might damage the PIPSTYCOON service or to a third party.

5.5 The user agrees to mark as inadequate for persons less than 18 years the files considered inadequate to be viewed by underage persons.

5.6 The user agrees not to post advertising materials or commercial collaboration requests not requested or unauthorized by the administrator.

5.7 The user knows that during the use of the website he exposes himself to the materials posted from a variety of sources and that the administrator is not responsible for the accuracy, utility, safety of the materials of the level in which they comply with the ownership rights. Also, the user knows that he exposes himself to materials which can be offensive, not decent, repulsive and agrees to give up all the legal rights or compensations which he might claim from the owners / operators, affiliates and / or license holders with full immunity as allowed by the law regarding all legal aspects of the website use.

6. Warranty statement

6.1 The user agrees that by using the PIPSTYCOON service to take ALL THE RISKS. THE ADMINISTRATOR DOES NOT offer any warranties or representations regarding the accuracy or how complete the content of the PIPSTYCOON service is, or the content of other websites related to PIPSTYCOON and does not take any responsibility for:

6.1.1 Any errors, mistakes or lack of accuracy of content

6.1.2 Bodily harm or property damage, of any nature, resulted following the access of the user to PIPSTYCOON service.

6.1.3 Any unauthorized access or use of the PIPSTYCOON secured servers and / or any degradation / loss of financial / personal data stored in them.

6.1.4 Any interruption of stopping of the transmissions from or to the online service PIPSTYCOON.

6.1.5 Any errors, viruses, Trojan horses or the types which can be sent to or through the PIPSTYCOON service by a third party and / or any errors or omissions in any content or for any loss or damage of any kind as a result of the use of any posted content, sent by email, or in any other way which is made available through the online service PIPSTYCOON.

6.2 THE ADMINISTRATOR does not guarantee and does not take any responsibility for any product or service which is published or offered by a third party through the PIPSTYCOON service or any website with hyperlink or which appeared on any banner of other means of advertising, and the ADMINISTRATOR will not be part of any or in any other way responsible for monitoring the transactions between the user and any third party which offers products or services. Regarding the buying of any product or service, in any way, the user should use his better judgment and to exercise it carefully when appropriate.

7.The website is controlled and offered by the ADMINISTRATOR with the Republic of Seychelles facilities. The administrator does not assert that the PIPSTYCOON service is suitable or available for use in other locations. Those who access or use the PIPSTYCOON service from other jurisdictions are responsible in terms of the local law. In case of breach of the warranties mentioned at point 6 above, the user will integrally compensate the administrator for any and for all actions, claims, requests, direct costs, fees, procedures and expenses, finally established by an order / decision of the court which is the responsibility of the administrator, which results in or relating to or supported due to the breach or the supposedly breached rights if the administrator uses any information or materials posted regarding these terms and conditions of use.

8. Virtual property

8.1 The ADMINISTRATOR have exclusive control and ownership of the PIPSTYCOON game, virtual items therein have no legal significance or status.

8.2 The user has the right to use virtual currencies of the service, “VIRTUAL DOLLAR”,“VIRTUAL BITCOIN”,“VIRTUAL BITS” (1 BITCOIN=1.000.000 bits) hereinafter referred to as virtual currencies. The only owner of the virtual currencies is the ADMINISTRATOR.

8.3 The VIRTUAL CURRENCY is available for buying and distribution and is available for the user. By buying VIRTUAL CURRENCY or any other virtual goods, the user DOES NOT gain the ownership right for them, he only has a temporary right to use it. The owner of all virtual goods from the PIPSTYCOON service is the ADMINISTRATOR.

8.4 The user can ask to transform the currency VIRTUAL DOLLAR or VIRTUAL BITCOIN or VIRTUAL BITS available at a certain moment in time in his personal account in real USD. The request is analyzed by the administrator who is the only one capable or approving or rejecting it.

8.5 The administrator reserves the right to reject any request coming from the user by which he wants to exchange the VIRTUAL CURRENCY in real USD. The administrator is not obliged to provide a specific reason for this decision.

8.6 All your earnings generated by approved exchange requests of PIPSTYCOON's VIRTUAL CURRENCY to real USD from Pipstycoon.com are (essentially) subject to income tax and social security contributions. We strongly recommend that you seek legal tax advice in the country in which you live or are obliged to pay tax.

8.7 A user that possess significative in-game VIRTUAL PROPERTIES may request via support ticket to specify his heir(s) with the appropriate contact information. In the case of unfortunate events as the death of the account owner, ADMINISTRATOR may decide to transfer the virtual goods/allow access to first-degree heirs. Inheritance can be requested by legal representatives in maximum 30 days since last account access and must be sustained by appropriate documents for verification. Failing to provide requested information will result in deletion of virtual goods and account as specified at point 3.3

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Transactions in
derivatives based on foreign exchange rates or the prices of
precious metals, commodities or equity indices products carry
a high degree of risk. Any transaction involving these
products is exposed to, among other things, changes in a
country's economic condition or political climate as well as
acts of nature or terrorism - each of which may substantially
affect the price or availability of the these derivatives.
Speculative trading in derivate products is a challenging
prospect with a high level of risk. You must therefore
carefully consider your investment objectives, level of
experience and appetite for such risk prior to trading these
products. Most importantly, do not invest money that you are
not in a position to lose. In addition, trading on a margin
basis means that any market movement will have a magnified
effect on your deposited funds. This can work against you as
well as for you. The possibility exists that you could sustain
a total loss of all the funds you have deposited. PipsTycoon's
trading system is designed to automatically liquidate all open
positions if your margin deposit is in jeopardy so that you
cannot lose more than the funds you have on deposit in your
account. We encourage you to employ such risk-reducing
strategies as 'stop-loss' or 'stop-limit' orders, but you
should be aware that market conditions may make it impossible
to close out your order at the level specified. There are also
risks associated with using an Internet-based trade execution
software application including, but not limited to, the
failure of hardware and software. ANNO1777 Labs
maintains ‘back up’ systems and contingency plans
to minimise the possibility of system failure. Before deciding
to trade, you should become aware of all the risks associated
with leveraged productstrading, and seek advice from an
independent and suitably licensed financial advisor. Under no
circumstances shall we have any liability to any person or
entity for (a) any loss or damage in whole or part caused by,
resulting from, or relating to any transactions related to
your trading operations any direct, indirect, special,
consequential or incidental damages whatsoever.